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Elevenews

05/03/2023

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Charles Hoskinson Talks Cardano’s Superior Technology and the Future of Crypto on Billion-Dollar Media House - ELEVENEWS

Cardano’s Charles Hoskinson says that the crypto market is stable and steady. Cardano’s April monthly reports also show some positive metrics that signal bullish sentiments for ADA. The past few weeks have...

Charles Hoskinson Talks Cardano’s Superior Technology and the Future of Crypto on Billion-Dollar Media House - ELEVENEWS
  • Cardano’s Charles Hoskinson says that the crypto market is stable and steady.
  • Cardano’s April monthly reports also show some positive metrics that signal bullish sentiments for ADA.

The past few weeks have been a busy one for blockchain companies ranging from Shiba Inu to Cardano. While the market has reacted a little negatively to monetary policies and regulatory uncertainties, some positive developments and metrics are setting a few crypto projects apart from the rest.

In an interview with FoxNews, Cardano’s Charles Hoskinson stated that the crypto markets appear steady and stable. 

Here's my interview with @MariaBartiromo https://t.co/2kNIIxMG07

— Charles Hoskinson (@IOHK_Charles) May 3, 2023

Cardano releases a monthly report

Cardano has released its monthly report for April and shows that the network saw transactions grow by 2.49 percent to hit 65.6 million transactions. This does not come as a surprise as its number of wallets increased by 1.19 percent in the period under review. 

With the transaction type, a category labeled as “simple” accounted for 49 percent of the transaction while smart contracts transactions and metadata transactions accounted for 30 percent and 21 percent respectively. Cardano’s Total Value Locked (TVL) surged to as high as $171.3 million in April, from $138.61 million at the beginning of the month.

However, the TVL fell in the second half of the month to close at $152.90 million. The report further discloses that the native tokens increased by 1.54 percent to hit 8.20 million. Delegated wallets surged by 0.06 percent to 1.28 million. Under Plutus Script, there was a surge of 3.5 percent to hit 5419. Also, there was a 1.37 percent increase in Policies to reach 72,133. 

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